Known for knowing “bottom” price in the crypto world in November 2022 Chris Burniskecommented on investors expecting a major correction. Placeholder partner Burniske tells his 258,300 Twitter followers that the environment is ready for a big long-term Ethereum (ETH) rally.
According to Burniske, Ethereum has the strength to rise to an all-time high, yielding over 438% gains. owner.
For the haters that have been negative on $ETH at $1, $10, $100, and $1,000, but refuse to let data change their views, see ya at $ETH $10K ✌️
— Chris Burniske (@cburniske) April 9, 2023
NEWS CONTINUES BELOW
For those who are negative about ETH at $1, $10, $100 and $1,000 but refuse to let the data change their minds, see ETH at $10,000!
NEWS CONTINUES BELOW
Burniske thinks that Ethereum can reach its target in 2025.
wider cryptocurrency Burniske, who also updated the market, believes that short-term pullbacks are possible, but he does not think that the asset class will witness steep declines anytime soon.
Of course we will experience pullbacks, but if you expect mega-liquidation-based-capitulations like this, you have to wait until after the next expansion.
He also thinks that the crypto markets are probably ready for a rally.
I love that so few people are on the rise right now – the trauma of 2022 is so deep. See you on higher ground.
As for the recent sanctions against big players like Binance, Burniske says the headlines are giving crypto a loose exposure.
Binance Announces: Transactions Suspended Due to an Issue!
CBDCs [merkez bankası dijital para birimleri] The pressure on crypto is no accident as we approach prime time.
But non-fragile systems will continue and evolve, so we can thank Uncle Sam for free marketing.
You can follow the current price action here.